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Chapter 363 Beware

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    You can search "Looking Back 1991" in Baidu to find the latest chapter!

    From the perspective of the current world LCD screen market;

    Because of the low-price strategy of the Yellow River Technology Group, with the support of Corning's glass substrate, the support of Atlantic Jinko's application chips, and the support of cheap labor costs in the Mainland, it can only maintain a profit of 1% to 2% above the cost line.

    This low-price competition strategy has caused a lot of LCD screen manufacturers to suffer.

    ? For the same fourth-generation production line, the Japanese-funded manufacturers will lose nearly 1 billion US dollars a year if they maintain it, the Korean-funded manufacturers will lose 420 million US dollars if they maintain it, and the Gulf manufacturers will lose 260-300 million US dollars if they maintain it.

    There are as many production lines as there are multiplied, without exception.

    Because the hard investment in equipment varies from manufacturer to manufacturer.

    ?There is a big gap when it comes to the investment in factory buildings and land. In addition to the huge gap in the maintenance cost of skilled workers on the production line, the same technical level shows different results in different regions.

    For a fourth-generation production line, the Yellow River Technology Group deducts equipment depreciation of more than 1 billion US dollars per year. After full production, the rest can basically maintain the payment of wages and benefits, and there is no profit to speak of.

    Even though Toshiba, Sony, and Hitachi have deep backgrounds and long product lines, they still vomit blood at a loss in the LCD monitor project.

    This has nothing to do with the level of operation and management. The appreciation of the yen exchange rate and high labor costs, land, factory buildings, transportation, and storage costs are unavoidable mountains. There is no way to reduce these costs.

    Plagued by high costs, Hyundai Group could not bear huge losses, and has begun to cut down the LCD project department, and sold the only fourth-generation line.

    The same is true for Samsung Electronics, crying from the palace.

    Among the Han Bangzi chaebols, there is only one LG seedling left, because its product line is relatively simple, and its technological strength and financial resources are not as good as Samsung Electronics.

    Therefore, LG Electronics is more than 50% dependent on the TV industry, and has no accumulation in plasma TV technology. The only way left is LCD TVs. Giving up is death.

    Therefore, I had to grit my teeth and launched a fifth-generation line, and there is another fifth-generation line in the plan to be launched.

    This is the rhythm of death, which shows that LG Electronics will never give up the determination of the LCD screen project, and wants to endure until the day when the sun rises.

    Same situation.

    Wanwan LCD panel manufacturers Wuhu AU Optronics, Chi Mei Electronics, Chunghwa Picture Tubes, Hanyu Caijing, and Guanghui Electronics all have Japanese consortium background and technical support behind them. They have successively launched or plan to launch the fifth-generation line project,  Prepare to stick to the end in this industry.

    Because they have no choice, this is the only product of Wanwan panel manufacturers, giving up also means death.

    "hey-hey¡­¡­"

    Wang Yaocheng sat down on the large boss chair and happily turned around twice. The biggest competitor, Samsung Electronics, has fallen. Are these other small miscellaneous fish far from death?

    As long as LG Electronics is eliminated, these professional Taiwan-funded panel manufacturers will not be able to participate in the competition because their background is too thin.

    ? As for the big Japanese-owned factories that vomited blood due to loss, just wait for the dominoes to fall, and it will not be too long before all of them are killed in battle.

    "Hi, why are you in such a good mood today?"

    "Which day am I in a bad mood?"

    "That's true."

    Qi Yafei walked in with ease, opened the cigar case familiarly, took out one and cut off the cap, and handed it to Wang Yaocheng, then gave himself another one, and lit it with a match.

    The strong smell of cigar smoke filled the room

    Qi Yafei sat comfortably on the sofa with his legs stretched out; "Hey! I've been busy for a long time, only you can steal half a day off and enjoy cigars."

    "This makes me feel like I'm oppressing you. Do you want a raise?"

    "Tch, I'm a billionaire after all, I can appreciate your salary, it's just a feeling, this year you spent almost 200 billion U.S. dollars, if you talk about the level of production, Yaocheng brother  If you call it second, no one dares to call it first.¡±

    "Old Shi, why am I chewing on me behind my back?" Wang Yaocheng frowned, knowing that Qi Yafei might be here to be a lobbyist.

    "You don't need to talk about him, even I was terrified when I saw it. I guess only Mo Yuxuan, Du Bo, and Dong Mingzhu are happy. Now they are all flying trapeze, inspecting their expanded business territory."

    Wang Yaocheng heard the voice-over, it is nothing more than giving you more resources and giving him less, think about it, this is really the case;

    ? More than 100 billion U.S. dollars have been invested in HSBC alone, and it also bears"I agree with your move. I just hope that the steps you take are not too big. Be careful. I heard from Lao Shi that you are going to make another big move in Europe. He is worried day and night. He is afraid that HSBC will  The risk of indigestion symptoms to the entire consortium is huge."

    "Well, HSBC's presence in Europe is insufficient. The British Peninsula and France have relatively comprehensive outlets, but in Southern Europe, Italy, Spain, Greece, Western Europe, Germany, Austria, and Eastern Europe are insufficient, and cannot cover the entire European region.  There are too many partial subjects."

    "This problem can't be solved overnight. From the perspective of good brothers, I hope you can listen to good words, don't expand debts on a large scale, and postpone development."

    Wang Yaocheng looked at him, nodded and said, "Okay, I will consider it." (Remember the website website: www.hlnovel.com
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